New hotel in Tokyo tourist hot spot Shibuya to replace Hands store

TOKYO -- The Hands household goods store in Tokyo's Shibuya district is set to be redeveloped into a hotel, as real estate companies make a play for visitors to a top destination in the Japanese capital.


Yokohama, Hiroshima log first population losses of postwar era

TOKYO/HIROSHIMA, Japan -- The population in 13 of 20 key Japanese cities declined in new census data, with such places as Yokohama and Hiroshima shrinking for the first time in the post-World War II era.


Japan increases cap on residency visa fees to $630

TOKYO -- JapanĀ on Friday raisedĀ the upper limit on fees charged to foreign nationals when they change or renew their residency status to 100,000 yen ($630) for standard residencies and 300,000 yen for permanent residency.


'Godzilla' El Nino menaces farmers from India to Australia

BOTOLAN, Philippines/MUMBAI/KUALA LUMPUR -- Froilan Dilag is worried about his rice crop.


China's GAC lost $1,200 per vehicle in 2025 as Honda tie-up deadline nears

GUANGZHOU -- Guangzhou Automobile Group (GAC), a major Chinese state-owned automaker, is struggling with intense price competition in electric vehicles, finding itself at one point in 2025 losing 8,300 yuan ($1,225) per sale of its own-brand models.


Japanese hold off on overseas study as international students flood in

TOKYO -- A record number of foreign students are studying in Japan, survey results out Friday show, but Japanese enrolled in overseas institutions remain down roughly 20% from the peak marked several years ago.


How Vinfast's billion-dollar bet on a US factory backfired

NEW YORK - A massive U.S. auto factory producing Vinfast electric vehicles was set to open and begin operating by July 2026 in Chatham County, North Carolina.


JTB eyes return to profit growth on solid outbound, inbound travel

TOKYO -- Leading Japanese travel agency JTB projects a return to profit growth for the first time in four years, as a prolonged slump in its domestic business is offset by both inbound tourists and Japanese traveling abroad.


Japan's Don Quijote to launch black-and-white label in ink shortage gambit

TOKYO -- Don Quijote operator Pan Pacific International Holdings (PPIH) plans to launch a low-cost private brand in June that will use black-and-white packaging to cut costs, enabling the company's retail outlets to offer some of the lowest prices in the industry.


Japan passes tougher foreign investment law, paving way for CFIUS-like panel

TOKYO -- Japan's parliament on Friday passed a bill aimed at strengthening oversight of foreign investments in the country.